3816 Tulane Dr NEAlbuquerqueNM87107
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Albuquerque at 3816 Tulane Dr NE, Albuquerque, NM, 87107 uses $105,914 cash to close to unlock $1,878/yr annual cash flow and $156/mo monthly cash flow. Total monthly income runs $2,032/mo, and a $1,564/mo payment keeps the spread at $156/mo. Purchase price stands at $319,500, and rental yield measures 7.63% with $2,032/mo rent. Return on cash invested shows 21.68% in year one, and 5% annual appreciation builds toward $88,272 over five years. Five-year ROI reaches 111.95% and total cumulative return in cash records $118,574. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,032/mo property income covering a $1,564/mo payment rather than investor’s personal income.
Townhouse
Built in 2010
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87107, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,518 (100%) |
| Owner Occupied HU | 8,689 (59.8%) |
| Renter Occupied HU | 4,796 (33.0%) |
| Vacant Housing Units | 1,033 ( 7.1%) |
| Median Home Value | $369,393 |
| Average Home Value | $433,075 |
Housing Distribution
Address Breakdown
Residential
13,408
Single Family
12,589
Multi-Family
819
Businesses
2,177
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Listed by: David Ho • Home First Realty Services LLC
Mls Name: SWMLS
Mls ID: #1094409